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What are some of the characteristics of an erosional coast? What are some key factors in the shaping of an erosional coast?
Bilateral Mistake
A misunderstanding where both parties involved in a contract have an incorrect belief about a basic assumption on which the contract is based.
Mistake Of Value
An error made by one or both parties at the time of entering into a contract, regarding the value or worth of the subject matter of the contract.
Voidable
Refers to a contract that is valid and enforceable unless challenged and declared void by a party to the contract who is deemed to have been disadvantaged or defrauded.
Fraudulent Misrepresentation
The intentional provision of false statements or concealment of information to deceive or mislead another party.
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